January 29, 2019: The S&P 500 closed down 0.2% at 2,640.01. The DJIA closed up 0.2% at 24,580.50. Separately, the Nasdaq closed down 0.8% at 7,028.29.
Tuesday was a down day for the broad U.S. markets. We are now in the busiest week of this earnings season with 12 Dow components reporting. If anything, these major companies will set a direction for the markets going forward with this earnings season. The S&P 500 sectors were mostly positive. The most positive sectors were industrials and materials up 1.3% and 1.0%, respectively. The worst performing sectors were technology and consumer discretionary, down 1.1%, and 0.7%, respectively.
Crude oil was last seen up 2.3% at $53.20.
Gold was last seen trading up 0.6% at $1,310.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Allergan PLC (NYSE: AGN) which traded down about 9% at $144.99. The stock’s 52-week range is $125.84 to $197.00. Volume was roughly 6.7 million compared to the daily average volume of 2.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which rose by over 16% to $13.99. The stock’s 52-week range is $5.07 to $49.42. Volume was 55.6 million compared to the daily average volume of 27.7 million.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.